+

92% 80%

60%

89% 77%

49%

8% 20%

40%

11% 23%

51%

Senior Investment Team Junior Investment Team Non-Investment Team Y-Combinator (W'14) Large Tech Avg. (Leaders) US in 2020

Gender Distribution

% Men % Women

78% 63%

86% 70%

60%

20% 32%

13% 21%

6%

1% 2% 1% 2%

12%

1% 2% 1% 3%

19%

0% 3%

Senior Investment Team Junior Investment Team Non-Investment Team Large Tech Avg. (Leaders) US in 2020

Race/Ethnic Distribution

% White % Asian Black Hispanic Other / 2+

-

-

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

100.0%

22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65

CDF of Ages @ Series A/B of Best Deals

20%: 35 yrs

80%: 46 yrs

Median: 41

5.0

10.0

22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65

Score Ascribed to Each Age